Latest Direct Shipping Ore News

Akora Resources has successfully raised $3.3 million through a placement and entitlement offer, advancing its high-grade Bekisopa iron ore project in Madagascar following a key mining permit grant.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Black Canyon Limited’s June quarter report highlights robust drilling results and beneficiation success at Wandanya, supported by a $265K WA government grant and a solid $7.8 million cash position.

Zeotech completed a 110-hole drilling campaign at Toondoon, secured key approvals, progressed AusPozz™ commercial trials, and demonstrated a 92% methane reduction in landfill trials.

Ore Resources (ASX: OR3) reported substantial drilling success in lithium and gold at its Coolgardie projects, confirming extensions at Kangaroo Hills lithium pegmatites and Forrest gold system, while expanding landholdings and advancing development studies.

Lithium Plus Minerals has identified promising near-surface rubidium, lithium, and beryllium mineralisation at its Spotted Wonder Project in the Northern Territory, setting the stage for expanded exploration in Q3 2026.

Black Canyon's pilot scale Dense Media Separation testwork boosts manganese grades at Wandanya to 41% with recoveries around 80%, underpinning a promising development pathway.

Lithium Plus Minerals has boosted its Lei Deposit lithium resource by 34%, raising contained lithium to 78.4kt and increasing Indicated resources to 55%, underpinning plans for a low-capex underground direct shipping ore operation.

OD6 Metals has transformed its portfolio with the acquisition and rapid expansion of the Quinn Fluorspar Project in Nevada, revealing extensive high-grade mineralisation and advancing metallurgical and permitting work.

Black Canyon Limited reports strong assay results confirming shallow, high-grade manganese and iron mineralisation at its Wandanya Project, with expansion drilling extending the manganese horizon 400m south and revealing further targets to the north and east.

Australian Silica Quartz Group (ASQ) has finalized its acquisition of Australian Kaolin, gaining control of the White Swan Kaolin Project with a 47Mt inferred resource and an approved mining plan. The company raised $750,000 to advance development and is targeting export markets in Asia.

Akora Resources has placed the remaining $1.54 million shortfall from its entitlement offer and raised an additional $164,000 in a placement, bolstering funds to advance its Bekisopa iron ore project in Madagascar.